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Buying a home in Keshena, Wisconsin

The typical owner-occupied home in Keshena is worth about $140,900, 47% below the Wisconsin median of $266,500 and 58% below the national median of $332,700. Owners pay a median $1,708 a year in property taxes, about 1.21% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $48,313 a year, so the median home costs 2.9 times the median income (3.4 times for Wisconsin). 35% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.

Keshena at a glance

Keshena Wisconsin U.S.
Median home value $140,900 $266,500 $332,700
Median property tax paid per year $1,708 $3,792 $3,119
Property tax as a share of value 1.21% 1.42% 0.94%
Median household income $48,313 $77,485 $80,734
Homes lived in by their owners 35% 68% 65%
Owner homes with a mortgage 28% 61% 61%
Median monthly costs, owners with a mortgage $2,164 $1,689 $1,963
Those costs as a share of the owners' income 44.7% 19.5% 21.0%
Median rent $626 $1,087 $1,413
Rent as a share of renters' income 31.6% 27.2% 30.6%
Median year homes were built 1984 1975 1980
Vacant homes 10.1% 10.8% 10.1%
Population 1,410 5,914,872 334,922,499

What a typical home costs per month in Keshena

At this week's average 30-year rate of 7.11%, buying the median Keshena home of $140,900 with 20% down costs about $959 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,194, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $41,102 for the 20%-down payment. That payment is 24% of the median Keshena household income of $48,313; at that income and 20% down, the 28% guideline points to a home of about $166,000.

The median rent here is $626 a month, so owning the median home costs about $333 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$28,180
Loan amount$112,720
Principal and interest$758
Property taxes (1.21% a year)$142
Homeowners insurance (our estimate, 0.5% a year)$59
PMI$0
Total per month$959

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3.5% down, 30-year FHA loan
Down payment$4,932
Loan amount$138,348
Principal and interest$931
Property taxes (1.21% a year)$142
Homeowners insurance (our estimate, 0.5% a year)$59
FHA mortgage insurance$62
Total per month$1,194

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Questions about home buying in Keshena

What is the median home value in Keshena?

About $140,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Keshena?

Homeowners pay a median $1,708 a year, which is about 1.21% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Keshena?

For the median home with 20% down at 7.11%, the payment is about $959 a month. Keeping that under 28% of gross income takes about $41,102 a year.

More about Keshena

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data